If the UK is f u c k e d, China is even more screwed.

Lost User

China falls into budget deficit as spending balloons [^] Who would have thought it a few years ago. double digit growth, a compiant populace, infinite workforce, and an artificially maintained exchange rate. Mind you I am not surprised. China has become a one trick horse. The only thing it does is supply consumer electronics to the West. And the customer just stoped buying.

Morality is indistinguishable from social proscription

Dalek Dave

China need to create 24 million jobs a year (owing to it's growing population). That is now impossible as they are, in fact, losing jobs and closing factories. Massive unemployment, poverty, food shortages... Not looking good at the moment, especially as they lack the infrastructure to cope with it. So what next? China Invades Russia? The Chinese currency worthless, so they cannot buy stuff? Revolution and Civil War? World in trouble !

------------------------------------ "Your manuscript is both good and original. But the part that is good is not original, and the part that is original is not good." Dr Samuel Johnson

R Giskard Reventlov

Dalek Dave wrote:

World in trouble

December, 2012... :-)

me, me, me

Baconbutty

As long as they don't all start jumping up and down at the same time with anger otherwise the world really will be in trouble.

My new favourite phrase - "misdirected leisure activity"

MrPlankton

:) ahh spaces foil the cp-auto-censor... I wonder if this means they start cashing in their US treasury notes?

MrPlankton

Mexican boy: Viene la tormenta! Sarah Connor: What did he just say? Gas Station Attendant: He said there's a storm coming Sarah Connor: [sighs] I know.

hairy_hats

Don't Newton's laws mean that jumping up and down has no net effect?

Rob Graham

The effort expended would accelerate Global Warming, and there would be no money made on carbon credits.

Rob Graham

If we can print a $Trillion to "stimulate" the ecomony, we can print $10T to buy back the Treasuries held by China. What the Heck, Argentina survived hyperinflation, so will we. Maybe the World Bank will bail us out.

R Giskard Reventlov

Steve_Harris wrote:

Don't Newton's laws mean that jumping up and down has no net effect?

Brilliant.

me, me, me

Ilion

I'm fairly sure it was a joke. Of course, your response can be seen as a joke in turn in this context.

Bassam Saoud

Rob Graham wrote:

If we can print a $Trillion to "stimulate" the ecomony, we can print $10T to buy back the Treasuries held by China

Rob you are a genious. Can you by the way print me a $40,000. I need to buy a porche to stimulate my ...

Rob Graham

Sorry, They took my printing press. Try the Fed, they have all the equipment needed (if it's not too tied up printing US Grants for the nearest banker...)

Oakman

Bassam Saoud wrote:

Can you by the way print me a $40,000.

Do you have a highspeed color laser? Here's what you need[^]

Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.

Bassam Saoud

:laugh: :laugh: I tell you this dude, you gotta love this country As is no warranty with all the scewups and everything.

Bassam Saoud

:laugh: I don't want any trouble Oakman. If you would do the printing I would just sent you a link to the Porche I want. Whats in for you? remember my beer invite is till on!

Single Step Debugger

Dalek Dave wrote:

China Invades Russia?

Yes it will take a month for Russia and another couple of weeks for the rest of Europe. It’s time to start learning Chinese. The Gondor will fall and USR/United States of Rohan/ wouldn’t help because of the economic meltdown. We are doomed to eat with sticks to the rest of our lives! :sigh:

The narrow specialist in the broad sense of the word is a complete idiot in the narrow sense of the word. Advertise here – minimum three posts per day are guaranteed.

David Crow

fat_boy wrote:

The only thing it does is supply consumer electronics to the West.

And toys. Rare is the toy that does not have "Made in China" on it.

"Old age is like a bank account. You withdraw later in life what you have deposited along the way." - Unknown

"The brick walls are there for a reason...to stop the people who don't want it badly enough." - Randy Pausch